DTC meaning in Business ?

Answer:

What is Direct Taxes Code mean?

Income tax in India is governed by Entry 82 of the Union List of the Seventh Schedule to the Constitution of India, empowering the central government to tax non-agricultural income; agricultural income is defined in Section 10(1) of the Income-tax Act, 1961. Income-tax law consists of the 1961 act, Income Tax Rules 1962, Notifications and Circulars issued by the Central Board of Direct Taxes (CBDT), annual Finance Acts, and judicial pronouncements by the Supreme and high courts.

The government taxes certain income of individuals, Hindu Undivided Families (HUF's), companies, firms, LLPs, associations, bodies, local authorities and any other juridical person. Personal tax depends on residential status. The CBDT administers the Income Tax Department, which is part of the Ministry of Finance's Department of Revenue. Income tax is a key source of government funding.

The Income Tax Department is the central government's largest revenue generator; total tax revenue increased from ₹1,392.26 billion (US$18 billion) in 1997–98 to ₹5,889.09 billion (US$78 billion) in 2007–08. In 2018–19, direct tax collections reported by the CBDT were about ₹11.17 lakh crore (₹1.117 trillion).

reference

Full Form	Category
Dithiocarbamate	Academic & Science
Design Training Center	Academic & Science
Debian Tuition Control	Academic & Science
Direct Taxes Code	Business
Direct Tax Code	Business
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Depository Trust Corporation	Business
Design and Technology Centre	Business
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Disability Tax Credit	Business
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Data Transformation Corp	Business
Due tax clip	Business
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Desktop Tactical Computer	Computer Hardware
Digital Technology Center Digital Technology Center	Computing
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Directx Texture Compression	Computing
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Desktop Conferencing	Computing
Desktop Commands	Computing
Dynamic Tilt Compensation	Computing
Datacommunications and Terminal Controller	Computing
Digital Trunk Controller	Computing
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Direct Torque Control	Electronics
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Destroy The Comp	General
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Distributed Transaction Coordinator	Jobs
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Distributed Termination Condition	Maths
Deterministic Transitive Closure	Maths
Direct-To-Patient	Medical
Day Treatment Centre	Medical
Differentiated Thyroid Carcinoma	Medical
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Differentiated thyroid cancer	Medical
Diagnostic and Treatment Centre	Medical
Detailed Test of Comprehension	Medical
Developmental Therapeutics Clinic	Medical
Dans Ton Cul	Messaging
Down To Chill	Messaging
Design-to-cost	Military and Defence
Data Transfer Controller	Softwares
Design Time Control	Softwares
Dutch Tournament Crew	Sports
Digital Technology Center	Technology
Digital Technology and Culture	Technology
Diversified Technology Consultants	Technology
Department of Telecommunications and Cable	Telecommunication